Telsey Advisory analyst Dana Telsey lowered the firm’s price target on Kohl’s (KSS) to $10 from $13 and keeps a Market Perform rating on the shares. The company ended FY24 relatively better than much of the year, the analyst tells investors. New leadership will likely bring stabilization to the business, but visibility to a timeline to turnaround to better profitability is challenging.
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Read More on KSS:
- Kohl’s price target lowered to $5 from $10 at UBS
- Kohl’s price target lowered to $11 from $18 at Baird
- Kohl’s price target lowered to $8 from $10 at Morgan Stanley
- Kohl’s price target lowered to $8 from $15 at BofA
- Cautious Outlook for Kohl’s: Hold Rating Amid Declining Sales and Earnings, Dividend Cut, and Uncertain Market Conditions
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